Business

Many Cypriots are choosing to fly abroad for New Year’s celebrations, with Greece, the United Kingdom, and Central European countries being the top picks, according to Charis Papacharalambous, president ...

A huge two-month rally in bond prices, powered by expectations that central banks will soon be cutting interest rates, has rescued fixed income markets from an almost unheard-of third straight ...

Marios Tannousis has been proudly leading Invest Cyprus as its CEO. As the investment authority of the Government of Cyprus, Invest Cyprus plays a pivotal role in the nation’s ...

Oil prices steadied on Thursday after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East ...

The Larnaca tourism development company (Etap) on Thursday announced it has completed a number of upgrades to beaches as part of efforts to enrich and green the district’s coastal ...

Deputy Minister of Shipping Marina Hadjimanoli on Wednesday said that Cyprus’ role as a prominent, internationally recognised maritime centre will be further enhanced in the coming year. Speaking to the ...

Consulting and advisory firm PwC Cyprus recently announced that it successfully organised an event entitled “A New Reporting Obligation on VAT” at its state-of-the-art experience centre. The event focused on ...

Toyota Motor’s (7203.T) global production jumped 11 per cent in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting from robust demand both ...

Half of Russia’s oil and petroleum exports in 2023 will have gone to China while India’s share has risen in two years to 40 per cent, Russia’s state news ...

There was a notable rise of 6.2 per cent in the average gross monthly earnings of employees in Cyprus during the third quarter of 2023, totalling €2,224, compared to €2,094 in the same period ...

British Chancellor Jeremy Hunt will present the spring budget on March 6, in what is likely to be the government’s last major chance to prepare the ground for an election ...

The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end ...

SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5 per ...

Cypriots were out and about in the shops over the holidays but there was no significant uptick in Christmas purchases, other than at supermarkets, the head of the small shopkeepers ...

Helium (HNT) has recently experienced an upswing in value, following a major update to its Wallet application and because it shook up the telecom market with an unlimited cell phone ...

Olga Milko currently holds the position of Business Development Director at Freedom Finance Europe. Milko has held several managerial roles at the company for the last five years and saw ...

Minister of Transport Alexis Vafeades has responded to dissatisfaction and concern over six-month delays in the Larnaca-Dhekelia road improvement works, it emerged on Wednesday. The minister noted that the six-month ...

A regulation for the reduction of hotel stuff to 50 per cent in the off-season, if a hotel wishes to stay open, has been called into question by the head of ...

The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’ high stock prices to secure lower-cost reserves and prepare for the next upheaval in ...

High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino ...

“Consumers are still spending, but they’re still price conscious and want to stretch their budgets,” Sundaram said. He said the weeks between Cyber Monday and Super Saturday were a “...

Israel’s government agreed to give Intel (INTC.O) a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, ...

In the ongoing drama of CZ vs the SEC and DOJ, a U.S. court has given Binance the green light and accepted CZ’s plea bargain. Bitcoin ($BTC) stands ...

In the tumultuous landscape of 2023, the global economic and sociopolitical spheres were rife with challenges that tested the mettle of governments, organisations, and businesses of all sizes across the world ...